Ximalaya will also give Tencent Music an opening into the car audio market, since the former's products are now included in the onboard audio offerings of more than 80 auto companies, such as ...

Tencent Music has announced plans to acquire Ximalaya, China's largest online audio and podcast platform, which holds a 25% market share. The transaction, to be funded through cash and equity ...

Ximalaya, a platform for podcasts, audiobooks and music, could enhance Tencent Music’s competitiveness in the audio content market.

Tencent Music Entertainment Group has agreed to buy Chinese podcasting startup Ximalaya Inc. for $1.3 billion in cash plus an issuance of stock, a deal that propels its ambition to become China ...

Upon closing, Ximalaya will become a wholly owned subsidiary of Tencent Music, significantly expanding its footprint in China’s rapidly growing podcast market.

Tencent Music Entertainment said it plans to acquire Ximalaya, a Shanghai-based service for streaming podcasts and audiobooks, for $2.4 billion.

Ximalaya has filed to list in Hong Kong after reportedly being pressured by Chinese government officials to withdraw an earlier U.S. IPO application in 2021.

Visitors listen to audio books at the booth of Ximalaya during a book fair in Shanghai on Aug 14, 2019. [Photo provided to China Daily] China's leading online audio platform Ximalaya Inc filed for ...

China presses Ximalaya to drop U.S. for Hong Kong as listing venue: Sources Ximalaya, the country's top podcast and audio app operator which aimed to go public in New York as soon as this month ...

China is pressing the country's largest online audio platform Ximalaya to drop plans to list in the United States and go for Hong Kong instead, three people with knowledge of the matter said ...

Ximalaya, backed by China's Tencent Holdings (0700.HK), filed for an initial public offering (IPO) in the United States on Friday, cashing in on growing demand as more people tune in to podcasts ...